Lao Cai Mineral Exploitation and Processing Joint Stock Company (LAOCAI JSC) will issue new shares to pay dividends to its current shareholders as follows:
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Name
of stock: Lao Cai Mineral Exploitation and Processing Joint Stock Company
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Stock
type: common stock
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Par
value: VND10,000/share
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Total
number of shares: 21,420,000 shares
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Number
of outstanding shares: 21,420,000 shares
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Number
of treasury shares: 0 shares
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Number
of additional shares to be issued: 3,213,000 shares
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Total
issue value: VND32,130,000,000.
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Issue
ratio: 15%
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Financial
resource: Laocai JSC’s undistributed after-tax profit.
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Record
date: June 05, 2013.
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How
to deal with fractional shares: 01 current share corresponds to 01 right. Each
shareholder owns every 20 rights will receive 03 new shares. The new shares
will be rounded down. The fractional shares (if any) will be bought back at par
value (VND10,000/share) and be paid in cash to shareholders by the Company.
